I’m still very confident that the newspaper industry will not only survive but will thrive over time. In a bit of a different model, but it still will. And I think the print newspaper will thrive over time. The problems of newspapers, in my view, are very mis-covered by media analysts today. They don’t understand the difference between a severe economic downturn, the most severe we’ve seen in my lifetime, and structural change. There are both going on. There’s structural change going on, and it has been for several years, and that will change our business model. But the majority of the revenue declines we’re seeing in 2009 are plain, old economic downturn.

It is clear that journalists do not want to be in the contemporary labor market, much less the highly competitive information market. They prefer to justify the value they create in the moral philosophy terms of instrumental value. Most believe that what they do is so intrinsically good and that they should be compensated to do it even if it doesn’t produce revenue.

Although you may know him better as “The Abominable Snowman,” let me begin by assuring you that there is nothing at all abominable about his work ethic. He will make an excellent editorial assistant at Vogue.

Let me go on record with this now, while the 3-D bubble is still inflating: Katzenberg, Quittner, and all the rest of them are wrong about three-dimensional film—wrong, wrong, wrong. I’ve seen just about every narrative movie in the current 3-D crop, and every single one has caused me some degree of discomfort

In your teens and twenties you eat a doner, obviously. In your thirties you go posh and healthy, and order and wait for a shish. Then in your forties you go retro, nostalgic and I-want-it-now, and return to doner, with some relief.